PPP Loan information for The local patch

$4,608

The local patch was initially approved for PPP Loan of amount $4,608, the current approved amount is $4,608. The loan was approved on 03/23/2021 by The Peoples CU reported 4 jobs and $4,608 was used to fund payroll.

The local patch is Existing or more than 2 years old

THE LOCAL PATCH

Date Approved

03/23/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

THE LOCAL PATCH

Borrower Address

14 Pocahontas Dr

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-4523

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4607.70

Current Approval Amount

4607.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104803

Servicing Lender Name

Peoples CU

Servicing Lender Address

858 W Main Rd

Servicing Lender City

MIDDLETOWN

Servicing Lender State

RI

Servicing Lender Zip

02842-6315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-4523

CD

RI-01

Jobs Reported

4

NAICS Code

111219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4607.70

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

104803

Originating Lender

Peoples CU

Originating Lender City

MIDDLETOWN

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4621.65

Forgiveness Date

07/26/2021

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